Case Against Prosecutor Mosby Appealed to Supreme Court

The Plaintiffs in the civil case of Nero v. Mosby have filed an appeal with the U.S. Supreme Court to request that their case move forward.  Nero is Edward M. Nero, one of the officers--three of whom were black--charged by Marilyn Mosby after the 2015 death of Freddie Gray in Baltimore.  The U.S. 4th Circuit, in … Continue reading Case Against Prosecutor Mosby Appealed to Supreme Court

No Potholes for U.S. Economy–Expansion Indefinite–But No Fed Tightening

Fed Chairman Jerome Powell emphasized that the outlook for the U.S. economy is “remarkably positive” and mused that the expansion now underway can continue “effectively indefinitely.”  Speaking at the Atlantic Festival in Washington D.C., Powell said rates need to continue to move toward an estimated neutral level and even a bit beyond. Yields on U.S. … Continue reading No Potholes for U.S. Economy–Expansion Indefinite–But No Fed Tightening

Chapter 11 Plan Better Than Bids for Toys ‘R’ Us

The top lenders of Toys ‘R’ Us have decided to cancel the bankruptcy auction of its brand name and other intellectual property assets and instead plan to revive the Toys ‘R’ Us and Babies ‘R’ Us brand names, a court filing on Monday showed. Toys “R” Us had filed for Chapter 11 bankruptcy protection in … Continue reading Chapter 11 Plan Better Than Bids for Toys ‘R’ Us